Funding you earn now, next payment 05:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX+3.563%7-day average +4.657% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.067%+$7 on $10k
+Price spread, last 4 days (all we have)+2.346%+$235 · spread now +3.563%, 7d avg +4.657%
=Together, before fees+2.413%+ Points / potential airdropLighter RH: Points live · farm board+$241 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 1.094% cheaper against SunX than usual: you would sell low and buy high (spread +3.563% now, against its 7-day average of +4.657%). If the spread goes back, that is −$109 on $10k: about 4 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,618.2 | 0 | get 0.0000% / 8h | 3h 13m | — | $2.4M | 10x |
| Short | Lighter RH OPENAI | 1,675.9 | 0.0032 | get 0.0004% / 1h | 13m 49s | $2.6M | $6.2M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.72
- Price spread: +3.563% → +4.657%
- −$109.39
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$110.67
- Costs to cover
- 0.080%
- Break-even
- 122.3 days
Slippage unknown: SunX: live order book, 3 min ago; Lighter RH: live order book, 5 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 3 min ago | 500.40 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 5 min ago | 0.15 bp | 6.6 bp −$7 | 119.1 bp −$1,191 | 569.9 bp −$57.0K | doesn't fit |
OPENAI on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit OPENAI_USDC-PERPETUAL | −0.0063% | 1h | 1,616.2 | −0.125% | — | $3 | 5x | as long as short |
| QFEX OPENAI-USD | −0.0001% | 1h | 1,615.7 | −0.152% | $1.2M | $580K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,708.2 | +5.560% | $1.4M | $265K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,658.5 | +2.490% | $753K | $206K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,648.3 | +1.860% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,612.3 | −0.365% | $52.2M | $25.4M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,617.7 | −0.034% | $5.4M | $5.0M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,618.2 | long leg | — | $2.4M | 10x | |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,616.9 | −0.080% | $79K | $221K | 20x | as long as short |
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,615.1 | −0.190% | $1.6M | $535K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH OPENAIshort | +0.0032% | 1h | 1,675.9 | +3.563% | $2.6M | $6.2M | 5x | |
| Extended OPENAI-USD | +0.0048% | 1h | 1,615.5 | −0.164% | $142K | $737K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,618.6 | +0.022% | $211K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,616 | −0.137% | $22.8M | $17.6M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,615.4 | −0.171% | $13.0M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,620.6 | +0.145% | $373K | $69K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,617.2 | −0.059% | $2.6M | $766K | — | as long as short |
| GRVT OPENAI_USDT_Perp | +0.0050% | 8h | 1,619.8 | +0.098% | $2K | $161K | 10x | as long as short |
| BloFin OPENAI-USDT | +0.0053% | 8h | 1,617.2 | −0.060% | $472K | $286K | 20x | as long as short |
| Coinbase International OPENAI-PERP-INTX | +0.0056% | 1h | 1,623.9 | +0.352% | $226K | $161K | 5x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,615.5 | −0.165% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0105% | 1h | 1,669.6 | +3.176% | $7.6M | $2.3M | 6x | as long as short |
SunX OPENAI-USDT
Lighter RH OPENAI
Deribit OPENAI_USDC-PERPETUAL
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
HTX OPENAI-USDT
Phemex OPENAIUSDT
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
GRVT OPENAI_USDT_Perp
BloFin OPENAI-USDT
Coinbase International OPENAI-PERP-INTX